Auxiliary duty on simulator component imports aligned to aircraft component duty rates, limiting excess customs levy. The Central Government exempts imported component parts of simulators of aeroplanes and other aircraft from any auxiliary customs duty in excess of the amount calculated at the auxiliary duty rate leviable on component parts of aeroplanes or other aircraft, under powers conferred by the Customs Act and the Finance Bill, read with the Provisional Collection of Taxes Act, as necessary in the public interest and subject to relevant notifications in force.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Auxiliary duty on simulator component imports aligned to aircraft component duty rates, limiting excess customs levy.
The Central Government exempts imported component parts of simulators of aeroplanes and other aircraft from any auxiliary customs duty in excess of the amount calculated at the auxiliary duty rate leviable on component parts of aeroplanes or other aircraft, under powers conferred by the Customs Act and the Finance Bill, read with the Provisional Collection of Taxes Act, as necessary in the public interest and subject to relevant notifications in force.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
